GOODRICH PETROLEUM CORP

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2021 10-Q, filed Nov 8, 2021. Its latest SEC filing is a SC 13D/A from Jan 4, 2022.

The sections below describe the company as of the FY2020 annual report.

How Did They Make Money?

FY2020 revenue

Did Revenues Turn Into Profits?

Not on paper. It lost $44.1M in FY2020, but brought in more cash than it spent: $629K of free cash flow.

Operating income, FY2020

−44% of revenue

▼ Now a loss vs FY2019 ($11.1M, 9%)

Net income, FY2020

−47% of revenue

▼ Now a loss vs FY2019 ($13.3M, 11%)

Free cash flow, FY2020

1% of revenue

▲ Now profitable vs FY2019 (−$20.2M, −17%)

How Were They Changing?

Since the FY2020 annual report

Latest quarter: Q3 FY2021, the three months to Sep 30, 2021

Revenue: ▲ +174%; vs $21.5M in Q3 FY2020
Net income: ▲ +193% (Loss); vs −$16.4M in Q3 FY2020

Grew. Revenue grew 2.0x in 3 years, from $46.2M in FY2017 to $93.8M in FY2020, about 27% a year.

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